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Lantana 76226 Heritage Lantana
1260 Fortner Road
$370,000
● House - Off Market

1260 Fortner Road

Lantana, TX 76226
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,291 Ft²
$525,959
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Beautiful move-in ready home is light, bright & open. Located in Denton ISD & the Bandera subdivision the HOA includes front yard maintenance, security & full use of facilities. Main living areas have wide planked laminate flooring, (tiled kitchn, brkfast rm, foyer & bthrms) (Carpet in bdrms). Ktchn is open to the living rm with its cozy fireplace & lots of windows providing natural light. Ktchn features separate brkfst rm, granite countertops, rich wood cabinetry & large ktchn island. Mstr bdrm downstairs with spa like ensuite bathrm with double vanity, separate shower & jetted tub. Upstairs has a spacious 2nd living space, 2 bdrms with jack & jill bthrm & an additional 3rd bdrm & bth. This home is a Must See!
Unit Size
3,291 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$112
Property Type
House
Property Taxes
$809
HOA Dues
$111
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14245746)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Mar 28, 2022 Listed by KELLER WILLIAMS REALTY $599,500
Listed by KELLER WILLIAMS REALTY
Must see, move-in ready home in the Bandera subdivision of Lantana. This beautiful property boasts ample space and tons of windows providing natural light throughout. As you walk in through the front entrance, a large living and dining space greets you. The kitchen opens to the large family room with a cozy fireplace. The master suite is downstairs showcasing a large master bathroom with a jetted tub and huge walk-in closet. Upstairs is three more bedrooms, two bathrooms, and another large family room, flex space, or game room. The HOA includes front yard maintenance, security, and full use of facilities including multiple swimming pools and clubhouse.
Apr 28, 2020 Sold
Premium
Sold
Dec 26, 2019 Listed by Redfin Corporation $369,900
Listed by Redfin Corporation

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 427
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 3,715
  • Gross Building Area: 3,715
  • Building Area: 3,289
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,289
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BANDERA ADDN
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BANDERA ADDN BLK 23C LOT 65

Neighborhood

  • School District Name: Denton Independent School District
  • Census Tract: 021755

Geography

  • Assessors Map Reference: 593-E
  • Parcel: R529329
  • Block: 23C
  • Lot: 65
  • Municipality: LANTANA
  • Latitude: 33.1003
  • Longitude: -97.1128

    Address

  • Full Address: 1260 Fortner Rd
  • Address - House Number: 1260
  • Address - Street Name: Fortner
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Lantana
  • Carrier Code: R010
  • 4-Digit Zip Code: 5402
  • Zip Code: 76226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,126,097
  • Tax Rate Code Area: W21

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 638,660
  • High Value: 766,947
  • Low Value: 510,372

    Market Valuation

  • Market Total Value: $600,000
  • Market Land Value: $112,703
  • Market Improvement Value: $487,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,283
  • Assessed Land Value: $112,703
  • Assessed Improvements Value: $487,297

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71599
  • Previous Sale Recording Date: Apr 28, 2020
  • Previous Sale Contract Date: Apr 27, 2020
  • Previous Sale Amount: $439,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Heritage Lantana

Stats & Trends

Median Asking:

$680,000

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3559 ft²

Average Home Age

16.3 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8200 Watson Road, Lantana, TX, 76226

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,155 ft²
8200 Watson Road, Lantana, TX, 76226 Listing by Rachel Fontana
Unit for rent at 8120 Holliday Road, Lantana, TX, 76226

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,671 ft²
8120 Holliday Road, Lantana, TX, 76226 Listing by Bettina Lokie

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Irina Sanders, Redfin Corporation
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14245746
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1260 Fortner Road built and last sold?
The property at 1260 Fortner Road was built in 2009 and last sold on May 11, 2022 for $638,400.
How much is this home worth?
The estimated value of the home located at 1260 Fortner Road is $0.
What are some comparable homes to 1260 Fortner Road?
There are currently no comparable homes to 1260 Fortner Road.
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